Jazeera Air unit leases planes to Virgin America
DUBAI: A unit of Kuwait's Jazeera Airways Group has signed a $155 million leasing contract to supply four Airbus A320 jets to U.S.-based carrier Virgin America, the companies said in…
UAE warns Canada ties may be hit by lack of air deal
DUBAI: Canada's ties with the United Arab Emirates will be "affected" by the lack of an agreement to expand aviation links between the two countries, the UAE's ambassador to Canada…
Oman: Retail on a high
MUSCAT: A wave of new commercial space coming onto the Omani market combined with increasing optimism from consumers suggests that the country’s retail sector will soon be racking up more…
Kuwait Energy plans initial share sale within 9 months
DUBAI: Kuwait Energy Co, which operates in the Middle East, Russia and Pakistan, plans to launch an initial public offering (IPO) within nine months, the company said on Sunday. Kuwait…
Saudi sees higher spending, unsure on deficit
RIYADH: Saudi Arabia expects to spend more than initially budgeted for 2010 but it is too early to say whether the biggest Arab economy will post a deficit despite an…
Abu Dhabi scales back plans for clean-energy city
DUBAI: Plans for an ambitious clean-energy city being built in the desert outside Abu Dhabi are being scaled back as part of a wide-ranging review of the $22 billion…
Iran’s other Neda finds political voice
DREUX: An Iranian woman mistaken for Neda Agha-Soltan, whose death in post-election protests last year became a symbol of Iran's opposition movement, has found her own political voice after being…
Pakistan reopens Afghan border crossing NATO uses
PESHAWAR: Pakistan reopened a key border crossing to NATO supply convoys heading into Afghanistan on Sunday, ending an 11-day blockade imposed after a US helicopter strike killed two Pakistani soldiers.…
Sunni rebels say they kidnapped Iran nuclear worker
TEHRAN: A Sunni group in Iran has claimed it kidnapped a man working at a nuclear facility and has threatened to spill his secrets if members of the group held…
France ‘can’t rule out’ UN creation of Palestinian state
RAMALLAH: French Foreign Minister Bernard Kouchner said the option of the UN Security Council creating a Palestinian state cannot be ruled out, in an interview published Sunday. Kouchner told the…